It's 'ka-ching' time for payments firms

Singapore, being one of the highest online spenders in Asia, is fuelling payments firms' upbeat sentiments on growth. MAS said on Thursday that Q3 saw a y-o-y growth of 4.3%, driven primarily by payment processing services.

23 Nov 2019 - 05:50

Singapore

THE payment services industry in Singapore is upbeat on growth, while three major government reports in the past three months have singled out the sector for its rosy prospects.

Most recently, the Ministry of Trade and Industry said on Thursday that the third quarter's 4.